Superannuation Legislation Amendment (Simplification) Act 2007 (15 of 2007)

Schedule 1   Consequential amendments etc.

Part 2   Other consequential amendments etc.

Income Tax Assessment Act 1997

254   Section 995-1(1) (definition of indexation factor )

Repeal the definition, substitute:

indexation factor :

(a) for an amount mentioned in a provision listed at items 8 to 12 in section 960-265 - indexation factor has the meaning given by section 960-285; or

(b) for an amount mentioned in a provision listed at another item in section 960-265 - indexation factor has the meaning given by section 960-275.